Weibo Corp ADR (NASDAQ:WB) has a beta value of 0.23 and has seen 0.5 million shares traded in the recent trading session. The company, currently valued at $1.54B, closed the recent trade at $9.90 per share which meant it lost -$0.29 on the day or -2.85% during that session. The WB stock price is -25.25% off its 52-week high price of $12.40 and 28.99% above the 52-week low of $7.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.42 million shares traded. The 3-month trading volume is 2.09 million shares.

The consensus among analysts is that Weibo Corp ADR (WB) is Buy stock at the moment, with a recommendation rating of 2.18. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.44.

Weibo Corp ADR (NASDAQ:WB) trade information

Sporting -2.85% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the WB stock price touched $9.90 or saw a rise of 9.59%. Year-to-date, Weibo Corp ADR shares have moved -0.46%, while the 5-day performance has seen it change -15.46%. Over the past 30 days, the shares of Weibo Corp ADR (NASDAQ:WB) have changed 35.99%. Short interest in the company has seen 19.32 million shares shorted with days to cover at 8.98.

Wall Street analysts have a consensus price target for the stock at $10.2, which means that the shares’ value could jump 2.94% from the levels at last check today.. The projected low price target is $7.5 while the price target rests at a high of $56.0. In that case, then, we find that the latest price level in today’s session is -465.66% off the targeted high while a plunge would see the stock lose 24.24% from the levels at last check today..

Weibo Corp ADR (WB) estimates and forecasts

Figures show that Weibo Corp ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 28.91% over the past 6 months, with this year growth rate of -9.04%, compared to 8.40% for the industry. Revenue growth from the last financial year stood is estimated to be -2.30%.

9 analysts offering their estimates for the company have set an average revenue estimate of 435.98M for the current quarter. 7 have an estimated revenue figure of 447.13M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.97% over the past 5 years. Earnings growth for 2024 is a modest -8.43% while over the next 5 years, the company’s earnings are expected to increase by 1.29%.

WB Dividends

Weibo Corp ADR is expected to release its next earnings report on 2024-Nov-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.00 at a share yield of 0.00%.

Weibo Corp ADR (NASDAQ:WB)’s Major holders

The top two institutional holders are ALIBABA GROUP HOLDING LTD with over 9.0 million shares worth more than $69.12 million. As of 2024-06-30, ALIBABA GROUP HOLDING LTD held 3.8024% of shares outstanding.

The other major institutional holder is FEDERATED HERMES, INC., with the holding of over 4.77 million shares as of 2024-06-30. The firm’s total holdings are worth over $36.6 million and represent 2.0136% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are KraneShares CSI China Internet ETF and Allspring Emerging Markets Equity Fund . As of Jun 30, 2024 , the former fund manager holds about 2.37% shares in the company for having 3.52 shares of worth $34.33 million while later fund manager owns 1.89 shares of worth $18.38 million as of Aug 31, 2024 , which makes it owner of about 1.27% of company’s outstanding stock.